Shipping Costs Have You Down? You Need Parcel BI

Parcel BI - A tool to uncover what you are really spending on shipping costs

Vizion Solutions’ new online parcel spending analysis tool is making waves. Parcel BI provides insight into the cost of shipping products across parcel carriers in an organization. Companies are saving thousands of dollars on their shipping costs by monitoring and managing parcel spend with Parcel BI.

Do you need help understanding complicated billing and shipping contracts for your parcel spend across multiple accounts, with multiple carriers? Don’t we all.


“E-commerce and direct to customer delivery are just a few of the factors that are changing the parcel delivery landscape. The rising costs of shipping are impacting the bottom line of many companies. Companies need to reduce costs, and to do so effectively, they need easy access to actionable data.” said Giles Manias, Director of Product Development at Vizion Solutions.
 

What Are You Spending? Announcing Parcel BI

Clients “Love” Savings from Parcel BI

The VP of Logistics at a prominent online/in-store retailer did not have a useable tool to look at his carrier data in one location until he got started with Parcel BI. “I love, love, love it,” he said, as he learned that his company, with over 130 locations nationwide, was spending tens of thousands of dollars annually on late fees and other avoidable charges using this new tool by Vizion Solutions.  


“I can now go back to my finance department and show them the savings we made with a better contract and the savings from properly setting up the payment process. Parcel BI has uncovered training opportunities that will lead to additional savings as we move forward. Though I have had the raw data, I have never had an easy way to get the information I needed, until now,”  


Based on their findings, this VP and his accounting team made changes to their system processes and accounts to realize over $50,000 in annual savings. 


These savings were not refunds, where other parcel consultants stop, but additional savings opportunities uncovered with Parcel BI. “This tool offers a superior refunding mechanism,” says Manias. “But our focus goes far beyond refunds. Parcel BI is about savings through process improvement, best practices, and using your data effectively.” 


About Parcel BI 
 

Parcel BI is a cloud-based software available at parcelbi.com.  Founded in 2002, Vizion Solutions, LLC has been a leader in the Business Intelligence industry for over 16 years. The company offers a wide range of products and services designed to deliver data through reports that empower companies to grow, increase margin and reduce costs while managing risk.  Vizion Solutions is a certified Gold Partner with Microsoft, using the latest tools and innovations to create its latest solutions offering: Parcel BI. 
 

Schedule a Demo


For more information on Parcel BI or Vizion Solutions: contact Giles Manias phone: 216-358-0812 email: info@parcelbi.com


Parcel BI is a registered trademark of Vizion Solutions. All rights reserved.

www.VizionSolutions.com

 

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Are New Audit Fees Costing you $1 per package?

By Guy Manias
May 01, 2019 Category: General

June 4th, 2018 UPS introduced a new fee that many companies are not even aware of, and it can be costing you a $1 per package. The Fee is called the Shipping Charge Correction Fee. UPS has obviously uncovered a new revenue stream, and one they do not tie to the package level. So how here is a breakdown on the charge and how to avoid it. What isthe Shipping Charge Correction Audit Fee Assessed? In UPS own words: Effective June 4, 2018, the fee for Over Maximum Limits and the Oversize Pallet Handling Surcharge will increase by $150 and a new Shipping Charge Correction Audit Fee will be added. The Audit Fee will be assessed if the average shipping charge correction in an invoice week is more than $5.00. The Audit Fee will be the greater of $1.00 per package subject to a shipping charge correction or 6% of the total amount of shipping charge corrections during the applicable invoicing period... Source:https://www.ups.com/pr/en/shipping/rates-update.page? This means any time that a few

Hodell-Natco Case Study

By Guy Manias
March 04, 2019 Category: Savings, Vendors, Case Study, Parcel, UPS

At first, I was blown away by the data and excited, then I started getting disgusted at seeing the things we were doing to that were costing us money Now that we see the data so easily, we have an advantage and an opportunity. We identified a way to use the data that can save us over $60,000 in supplier costs. Dan R. Purchasing Director Hodell-Natco Industries is a full-service wholesale distributor of fasteners and chain. Stocking over 40,000 industrial fastener and chain items, they provide customers with expertise in sourcing hard-to-find items. Hodell-Natco spends over $650K annually on parcel, 82.6% ground with 12.8% Next Day shipments. Two-thirds of the spend is on inbound or third-party shipments, as a large amount of the outbound shipping is shipped collect. In 2018, Hodell-Natco was gathering data into Parcel BI to negotiate a new contract. Parcel BIs Contract Edge helped highlight some important contract negation points between both UPS and FedEx. One thing that was exposed

DIM Corrections Exposed!

By Guy Manias
February 13, 2019 Category: Parcel, DIM, Cost Reductions, Corrections

Does This Sound Familiar? We had anew user who was not really managing spend.They are a fast growing company, and they are focusing on other issues besides parcel. New Customers, New Reps, New e-Commerce Engine, Operations.... Good problems for a growing company. But what they had no idea of, was how parcel costs could be eroding all of their hard work and margin. The leaders wear many hats, and the head of e-commerce agreed that parcel spend was worth a look and signed up for Parcel BI. Company policy was to provide free ground shipping and bill for expedited shipping (Anything above ground). Theirobjectives arejust like 99% of all shippers: Keep costs, especially ground shipping costs as low as possible Make sure expedited shipping costsare accurately capturedsocustomers are billed correctly What is the DIM (Dimensional Weight) Effect? Once they took a look at their data in Parcel BI, eyes were opened. What Parcel BI instantly exposed was a Dimensional Weight or DIMissue. The

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